Turton Commercial Real Estate is pleased to present the opportunity to purchase 100% fee simple interest in 2109-2111 J Street, a premiere mixed-use investment opportunity in Sacramento’s Urban Core, for $2,600,000 based upon a 5.88% blended capitalization rate on existing residential income inclusive of pro-forma property taxes and NNN reimbursement, pro-forma retail rents, a nine month carry cost and associated commissions. 2109-2111 J Street (the “Property”) is a 3-story midrise project comprised of four 1-bedroom, 1.5 bath luxury apartment units over 2,058 square feet of retail. The Property was completely remodeled in 2019, including top-to-bottom upgrades to all residential units and common areas, new stucco and paint to the exterior of the building, and energy-efficient HVAC units. The residential units feature new hardwood floors throughout, granite counters, solid wood custom-cabinetry, contemporary designer lighting, floor-to-ceiling stone shower walls and floors, frameless glass shower enclosures, new stainless-steel appliances including full size washer/dryer units, dishwashers, full size cooktops and microwaves, french door counter depth refrigerators and garbage disposals. The new interior finishes have been tastefully integrated into the original architectural elements, as evidenced by the coved ceilings, cross hatch wood beam ceilings, and built-in china hutches. The residential units feature an oversized living room and dining room, with easy access to a half-bath powder room right off the kitchen. The kitchen is located in the center of the unit, serving as the visual focal point for the space and functional communal area for the residents. The generously sized bedroom and on-suite bathroom are located in the rear of the unit near a secondary entrance, an additional storage closet, and the washer and dryer. The Property features 9 on-site parking stalls which are gated, lighted, and secured, as well as a rear stairwell providing easy access to the units from the parking lot.